Each day, I will try to find what I believe is the best looking short term trade setup for the upcoming trading day or week. If you're a forex newbie, it can be tricky in the beginning trying to figure out how to look at charts and draw lines. My goal is help you understand the psychology of price movements so you can learn to analyze your own charts and trade on your very own. I will post my ideas and/or reviews through out each session right here, on Twitter and on Facebook.
Read First: My Trading Framework!!
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It has been an interesting last 24 hours for the Japanese Yen. And while the BOJ didn't play out as thought it would--this time--it was a surprise announcement from Fitch that helped my idea turn into a positive outcome. … More…
Good morning forex fiends! It was a tough ending for my latest trade idea as risk-off flows came in hot and heavy to close out last week's trading. As per normal behavioral patterns, this spelled trouble for "risk-on" assets like the Canadian Dollar, as well as my EUR/CAD trade. … More…
Good evening! Luckily for Dollar bulls, it was all about buying in Monday's session for USD/CHF. With the pair on its way higher and a new session in the works, I've decided to make some adjustments and look for new opportunities. … More…
Good morning forex friends! It looks like the pullback higher wasn't as I as I hoped before sellers took EUR/USD down during the Thursday session and into the Friday session. With the weekend quickly approaching, it's time to make an adjustment. … More…
Good morning! My day trade idea was triggered just ahead of the US session open, and while the area did look good as resistance, Cable just kept treading on higher. Here's how my trade played out. … More…
